Geumyoung, Challenging for No.1 in the Global Market

[Asia Economy Reporter Choi Dong-hyun] Karaoke equipment company Kumyoung Entertainment announced on the 21st that it is challenging to become the global market leader.

In 2016, Kumyoung attempted a 'digital transformation' across all its music content platforms. As part of this, the karaoke accompaniment sound module (the device that produces sound), which was previously embedded in hardware, was converted into software. The software sound module 'KG LiVEN' was first applied to the 'S-90' and 'S-100' accompaniment models in 2016. Since then, the 'Play Audition' (KYG-2121) accompaniment model was released, recording sales of approximately 130,000 units to date. A new commercial accompaniment model, the ‘U-100’, is scheduled for release in April.

In addition to the commercial accompaniment business, Kumyoung launched ‘KT Giga Genie Kumyoung Karaoke’ and ‘SK Btv Kumyoung Karaoke’, holding the number one position in KT Giga Genie’s value-added services under the title of 'Artificial Intelligence (AI) Karaoke'. It also introduced a karaoke service with reading features on SK Telecom’s 'NUGU' platform.

To expand its global services, Kumyoung launched Samsung Smart TV Kumyoung Karaoke (K-araoke), currently servicing 18 countries including the United States, Canada, and Australia. The service ‘Gabang’, which gathers all of Kumyoung’s content, is available as a web version and as applications for Android and iOS environments.

A Kumyoung representative stated, "We will deliver the joy of singing to consumers and achieve the number one position in the global market with our relentless challenges, advanced technology, and differentiated content brand."

This content was produced with the assistance of AI translation services.